What is Profitmore.biz? Is Profitmore Scam?

What is Profitmore.biz? Is Profitmore Scam?

If you are looking for Profitmore.biz, then your search ends here. In this Profitmore review, we are going to answer few questions that might be troubling you. Questions like is Profitmore Scam? Or is Profitmore Legit? Or is Profitmore Real? Or is Profitmore Fake? Before answering the questions stated, we would be like to tell you about this website. Profitmore is allowing people to invest their money on their website and earn interest over them. They are making the process of earning so easy that anyone can earn huge by investing on this website. It is not possible but people believe in them. If you are not interested to read the full article, we can summarize it for you. We do “Not Recommend” Profitmore website. It is because it is working on Ponzi scheme. Under it, companies pay to its members from the money deposited by the new members.

How does Profitmore work?

At the present digital world, information is the new currency. It is imperative for everyone in today’s world. The Profitmore website does not believe in it. Their credibility is zero in case of providing information or transparency. They have did not provided any information of their owner. The professionals about whom, the company have talked on their website does get any names. This shows that people operating this website are hiding. They have also guarded their information in WHOIS records. It implies simply that they are not good people. It is because hiding or guarding the information in WHOIS records is the feature of scam website. They are not revealing their identity to the people. It makes us 100% sure that they are not genuine people.

To prove their legitimacy, the company has provided their registration certificate. The company is registered at UK Companies House. The registration certificate is original and anyone can get it easily by paying 20 GBP. It is not hard for anyone to open a company. The fun fact is that on our Not Recommended list, almost every website got their registration from UK Companies House. The point of concern is that many of the websites turned into scam after some time. The certificate which is the base of the company legitimacy is not a solid. The Profitmore is registered in UK Companies House, under the company name: PROFIT MUCH MORE LIMITED and the Company number: 11061431.

The basis of any investment company is their ‘investment plans’. The Profitmore got very lucrative investment plans. It is offering 8% daily interest for 20 calendar days and fixed 115% interest after 7 days on obviously different deposits. This type of interest rates is impossible to be delivered. If a company is giving interest as per their claim then it is soon going to collapse. It means in both ways i.e. it pays or not, the company got no future for itself. Their business model is very unsustainable. It is futile and not wise to invest in a company whose credibility is itself under scrutiny.

The company also got affiliate program for its members. Affiliate programs are used by companies to increase their web traffic. In reward, they pay commission to the members. The genuine companies pay very low commission. But on contrary to a genuine website, Profitmore is offering 10% and 2% commission for a member. Believe us, these numbers are very high. It makes the business model of Profitmore more non-reliable.

Conclusion

We do “Not Recommend” Profitmore website. It is not good for anyone. The reasons are already explained above. There are very high chances that they will pay initially but later, they will stop payments. You can invest in this website at your own risk. We can just provide our opinion and view on this website. All the points which we consider imperative are discussed and it’s you who has to take the call to invest or not.